Posts by Carolyn Pumphrey, CPA, CGA

February 2, 2021 by

Are You Making Money or Just Oil & Gas?

Are You Making Money or Just Oil & Gas? by Carolyn Pumphrey, CPA, CGA In the past year, everyone in the world has taken on roles they never expected. Parents became teachers, dining room tables became offices, and pets became our co-workers. Taking on additional roles is no stranger to those of us in oil & gas. While it used to be the engineer’s job to keep the volumes flowing and the accountant’s job to keep the dollars accounted for, lines have long since become blurred while everyone works to ensure the best financial and operational performance. Keeping production on and maximized is a thing of the past – we need to make money, not just oil & gas. Focusing on financial, as well as operational, performance ensures your company survives and thrives in tough economic conditions. Best of all, you don’t need to be an Accountant to quickly find opportunities to make an impact on your organizations bottom line. With limited time and resources, VERDAZO enables users to: Assess how your area is performing financially over time and relative to its peers; Identify and prioritize the assets to target to improve your areas financial performance; and Identify where to...

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